We're all in with Adaptive!
November 19, 2015

We're all in with Adaptive!

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Adaptive Suite

This year we have rolled out Adaptive Suite to 80+ users at Clarke. It's used by the Finance, Sales, Operations and the Executive Team for planning and reporting. We've just about abandoned Excel and gone all in with Adaptive in our budget process which is helping us reduce non-value added time. Managers are seeing real-time data sooner, and we're able to do a lot more analysis with our data than we ever have before. Adaptive Suite is giving more visibility to the organization to see how all the components impact each other.
  • Adaptive Suite does a great job of consolidating infomation.
  • Adaptive Reporting is an excellent tool to get real time results to users.
  • Navigation is easy and very intuitive. This made the training of 80 users pretty easy.
  • I would like to see a little more customization in the Adaptive reporting tool.
  • Java is a little troublesome, but it's on the docket to remove from the software.
I've implemented Host Analytics at a previous company. We performed an extensive vendor selection process and Adaptive Insights came out on top. Adaptive Insights allowing us to use a demo helped prove the functionality of the software. Since we've started implementation there have not been many "surprises" and certainly no show stoppers. In fact, I've thought of even more ways to use the product beyond traditional planning and reporting. Some other areas we will dive into will be commission processing and reporting, carbon footprint, etc.
It is easy to bring data into Adaptive Suite, after setting up the mapping process. Data can be brought in very easily from a flat file. Any type of data can be loaded from ledger to transactions, to statistics and detailed line items to build sales and costing models.
Sharing and collaboration is excellent within Adaptive Suite. Our budget used to be completed in silos. Now there is so much more sharing and discussion going on. Security is easy to manage.
I believe the software could be built to support any business. Planning can be done in detail or at a high level or a combination of both. I asked to use a hands on demo before I purchased the product. This helped solidifiy Adaptive Suite as a leader in this space for me. Any questions or reservations that I had about the software were answered through building out a demo of our own.

Workday Adaptive Planning Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
10
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
9
XBRL support for regulatory filing
Not Rated
Personalized dashboards
9
Color-coded scorecards
9
KPIs
9
Cost and profitability analysis
9
Key Performance Indicator setting
9
Benchmarking with external data
9
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10